Tax Implications For Owning A Florida Vacation Home

Piggy bank and money next to a miniature wooden house

As an attractive destination for both tourists and property investors, understanding the tax landscape is crucial before purchasing a vacation home in the Sunshine State. In this blog post, we will examine the different tax implications that come with owning a vacation home in Florida. We will discuss key aspects like property taxes, income taxes, […]

What Are Property Taxes

Man with miniature house between his hands.

What Are Property Taxes As a general definition, property taxes are imposed by governments, usually at the state and municipal levels, on real estate owned by individuals. Property taxes have been around for quite some time. Your monthly mortgage payment can be less than your yearly property tax bill in certain parts of the nation. […]